N.Y. Public Authorities Law § 2410: State and municipalities not liable on bonds, notes or insurance commitments or contracts or development corporation credit support

§ 2410. State and municipalities not liable on bonds, notes or

insurance commitments or contracts or development corporation credit

support. The bonds, notes, insurance commitments or contracts or

development corporation credit support and other obligations of the

agency shall not be a debt of the state of New York or of any

municipality, and neither the state nor any municipality shall be liable

thereon, nor shall they be payable out of any funds other than those of

the agency.